Castle Oil Corporation
- Company typePrivate
- Founded1928
- HeadquartersHarrison, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
Castle Oil Corporation firmographics
Firmographics- Name
- Castle Oil Corporation
- Website
- https://castleoil.com
- Company type
- Private
- Founded year
- 1928
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Castle Oil Corporation industry classification
Industry- Product category
- Fuel and Energy Distribution
- NAICS
- Petroleum Bulk Stations and Terminals (42471), Natural Gas Distribution (221210), Fuel Dealers (457210)
- SIC
- Wholesale-Petroleum Bulk Stations & Terminals (5171), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD)
- akta.pro secondary industries
- Refined Products Tank Farms & Terminals (TLAGAKAB), Pipeline Breakout & Pump Station Storage (Linefill, Intermediate Storage) (EUALAEAI), LPG / Propane-Butane Products Pipeline Transportation (TLAGABAH)
Keywords
Where Castle Oil Corporation is headquartered
LocationHeadquarters
- HQ city
- Harrison
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Castle Oil Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Refined Products Distribution: Distribution of hundreds of millions of gallons annually of refined fuel products from strategic terminals including wholesale fuel and delivered fuel services
- Natural Gas Supply: Natural gas supply services with customized energy plans for commercial and industrial customers using market insights, historical analysis, and economic trends
- Electricity Procurement: Electricity procurement services protecting customers from market fluctuations with streamlined energy procurement
- Materials Handling Services: Handling services for onshore and offshore materials including asphalt, wind turbine blades, and other industrial components at strategic Northeast terminals
- Solar Solutions: Solar panel installation services for storage tanks and terminal operators nationwide
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Customized energy solutions with market-based pricing |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Castle Oil Corporation product offering
Product offeringCore offering
Castle Oil Corporation distributes fuel oil and natural gas to commercial, industrial, and residential customers in New York. The company leverages terminal infrastructure and pipeline capacity across the Northeast to supply refined petroleum products and natural gas, offering customized energy solutions tailored to customer energy requirements, budget objectives, and risk tolerances.
Differentiator
Problem solved
Functional benefit
Products and services
- Fuel Oil Distribution Distribution of fuel oil to commercial, industrial, and residential customers in the New York market, with delivered fuel services supported by the company's terminal infrastructure and fleet across the Northeast.
- Natural Gas Supply Supply of natural gas to commercial and industrial customers with customized energy plans tailored using market insights, historical analysis, and economic trends.
Quantifiable outcome
- Serves 25,000 commercial, industrial, utility and wholesale customers
- +3 more outcomes
Companies that use Castle Oil Corporation
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles2 records
Castle Oil Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Castle Oil Corporation partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Kildair Service ULCminorKildair Service ULC is a related entity/affiliate of Sprague Energy mentioned in the footer links, indicating a corporate relationship within the energy services sector
Scale indicators6 records
Recent moves1 record
Expansion highlights1 record
Castle Oil Corporation competitors and assessment
Company assessmentDirect peers
- Global Partners LP: Northeast-based master limited partnership distributing gasoline, distillates, and propane through terminals and a similar wholesale/retail commercial customer base. Closest publicly traded comparable for a Castle Oil-type regional distributor.
- Sprague Energy: One of the largest independent refined products and natural gas distributors in the Northeast with terminal infrastructure and similar customer segments (commercial, industrial, government, wholesale). Directly comparable regional fuel distribution peer.
- Suburban Propane Partners: Large retail distributor of propane and heating oil serving residential and commercial customers across the Northeast. Directly comparable in heating-oil-to-residential distribution model and customer profile.
- Mirabito Holdings: Upstate New York fuel and convenience retailer/distributor with petroleum terminals and heating oil delivery. Direct regional competitor with overlapping New York footprint.
- Star Group Energy: Northeast-focused home heating oil and propane distributor serving residential and small commercial customers. Closely matches Castle Oil's residential heating oil customer base and regional footprint.
- Heritage Energy: Mid-Atlantic and Northeast heating oil and propane distributor serving residential and commercial accounts. Comparable business model in adjacent regional markets.
- Petro Home Oil and Propane: Northeast heating oil and propane distributor with a similar residential and commercial customer mix in the New York/New England corridor.
Broad incumbents
- DCC Energy: International downstream energy distribution platform (parent of retail fuel brands in the US including heating oil/propane). Comparable scaled platform operator in adjacent retail fuel distribution.
- Keyspan Energy (National Grid NY): Large regulated natural gas utility serving the New York metro area. Represents both a competitor in natural gas supply and a structural threat via heating-oil-to-gas conversions.
- Con Edison: Major New York energy utility with natural gas and electric service in NYC/Westchester. Adjacent competitor and counterparty for fuel conversion trends.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Castle Oil Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Castle Oil Corporation leadership team
Management profileNumber of profiles
Castle Oil Corporation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Castle Oil Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Castle Oil Corporation
What does Castle Oil Corporation do?
Castle Oil Corporation distributes fuel oil and natural gas to commercial, industrial, and residential customers in New York. The company leverages terminal infrastructure and pipeline capacity across the Northeast to supply refined petroleum products and natural gas, offering customized energy solutions tailored to customer energy requirements, budget objectives, and risk tolerances.
When was Castle Oil Corporation founded?
Castle Oil Corporation was founded in 1928. It employs 251 to 500 people.
Where is Castle Oil Corporation based?
Castle Oil Corporation is headquartered in Harrison, United States, in the North America region.
How does Castle Oil Corporation make money?
Five revenue lines are on record. Refined Products Distribution is the primary driver. The others are natural Gas Supply, electricity Procurement, materials Handling Services and solar Solutions.
Who are Castle Oil Corporation's main competitors?
Direct peers on record are Global Partners LP, Sprague Energy, Suburban Propane Partners, Mirabito Holdings, Star Group Energy, Heritage Energy and Petro Home Oil and Propane. Broad incumbents are DCC Energy, Keyspan Energy (National Grid NY) and Con Edison.
Does Castle Oil Corporation have an API?
No public API is recorded for Castle Oil Corporation.
What industry is Castle Oil Corporation in?
Castle Oil Corporation's product category is Fuel and Energy Distribution. Its primary akta.pro industry code is EUALAIAD, Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery), with a secondary code of TLAGAKAB, Refined Products Tank Farms & Terminals. Its NAICS code is 42471 and its SIC code is 5171.